CBIZ Investment Advisory Services LLC Has $32,000 Stock Holdings in Philip Morris International Inc. $PM

CBIZ Investment Advisory Services LLC grew its holdings in Philip Morris International Inc. (NYSE:PM) by 405.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 202 shares of the company’s stock after purchasing an additional 162 shares during the quarter. CBIZ Investment Advisory Services LLC’s holdings in Philip Morris International were worth $32,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Philip Morris International in the 1st quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in Philip Morris International during the 1st quarter worth approximately $34,000. Pacifica Partners Inc. raised its stake in Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company’s stock worth $35,000 after buying an additional 115 shares during the period. Redmont Wealth Advisors LLC acquired a new position in Philip Morris International during the 1st quarter worth approximately $35,000. Finally, 1 North Wealth Services LLC acquired a new position in Philip Morris International during the 1st quarter worth approximately $35,000. 78.63% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Barclays dropped their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 30th. UBS Group dropped their price target on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. JPMorgan Chase & Co. upped their price target on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. KGI Securities started coverage on Philip Morris International in a research note on Monday, August 4th. They issued an “outperform” rating for the company. Finally, Citigroup reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $184.91.

Philip Morris International Stock Up 1.6%

Shares of Philip Morris International stock opened at $168.01 on Friday. The company has a market cap of $261.52 billion, a PE ratio of 31.94, a price-to-earnings-growth ratio of 2.40 and a beta of 0.49. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The business has a 50 day moving average price of $169.14 and a 200-day moving average price of $167.58.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.86 by $0.05. The firm had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.